All Porterbrook articles

  • Ben Ackroyd[71]
    Rail Business UK

    Porterbrook appoints Chief Operating Officer

    2021-10-27T12:28:00Z

    UK: Porterbrook has appointed Ben Ackroyd as its first Chief Operating Officer, with strategic responsibility for all operational aspects of the business. Currently Managing Director of Trenitalia c2c Ltd, he is expected to join the rolling stock leasing and asset management company in spring 2022. ‘The ...

  • Porterbrook Hydroflex fuel cell multiple-unit
    Rail Business UK

    Two investors to take 30% stake in Porterbrook

    2021-07-22T12:54:00Z

    UK: An agreement has been signed for UK investment fund Dalmore Capital and Israeli energy and infrastructure fund Generation Capital to acquire the 30% shareholding in rolling stock leasing company Porterbrook that is currently held by The Infrastructure Fund, Utilities Trust of Australia and the NatWest ...

  • HybridFLEX Train
    Rail Business UK

    HybridFLEX prototype battery-diesel multiple-unit launched

    2021-07-21T15:14:00Z

    UK: Chiltern Railways has unveiled its prototype HybridFLEX multiple-unit fitted with a hybrid traction system which can offer zero emissions and near silent operation at stations and in other sensitive locations. Developed by the operator, leasing company Porterbrook and MTU PowerPack supplier Rolls-Royce, the HybridFLEX uses ...

  • rba_2022_header_crop
    Rail Business UK

    Sustainability focus at the 24th Rail Business Awards

    2021-06-30T13:31:00Z

    UK: The 24th Rail Business Awards is looking to recognise and celebrate excellence in sustainability and environmental initiatives across the UK rail sector. 

  • Hydroflex Train
    Rail Business UK

    RIA calls for hydrogen train commitment to make the UK a world leader

    2021-06-25T11:00:00Z

    UK: Calling on the government to commit to placing orders for hydrogen trains, the Railway Industry Association has published a briefing document highlighting the role that hydrogen could play on the rail network. RIA says hydrogen trains could support further decarbonisation of an already low carbon ...

  • 769450 Flex at Southport 170521 TM1
    Rail Business UK

    Class 769 bi-mode trainsets enter service with Northern

    2021-05-20T10:30:00Z

    UK: Considerably later than envisaged, Northern’s first Class 769 bi-mode multiple-units entered service with the start of the new timetable on May 17.

  • Mark Wyborn Picture
    Rail Business UK

    Porterbrook to develop dedicated freight strategy

    2021-05-04T09:01:00Z

    UK: Rolling stock leasing and management company Porterbrook has appointed of Mark Wyborn as its new Head of Freight Commercial, with responsibility for developing its first dedicated freight strategy and building ‘strong commercial partnerships’ with existing freight operators, new market entrants and Network Rail. ‘His appointment ...

  • Porterbrook has awarded Alstom a contract to upgrade the Class 458 electric multiple-units operated by South Western Railway
    Rail Business UK

    Alstom awarded £25m Class 458 upgrading contract

    2021-04-06T15:04:00Z

    UK: Leasing company Porterbrook has awarded Alstom a contract to upgrade the Class 458 electric multiple-units operated by South Western Railway ahead of their redeployment on medium and long distance services from the south coast. The £25m contract announced on April 6 covers an initial 28 ...

  • South Western Railway has halted the project to refurbish 18 Class 442 electric multiple-units for its London Waterloo to Portsmouth route, and the sets will now be returned to leasing company Angel Trains.
    Rail Business UK

    Class 442s to leave South Western Railway

    2021-03-31T16:36:00Z

    UK: South Western Railway has halted the project to refurbish 18 Class 442 electric multiple-units for its London Waterloo to Portsmouth route, and the sets will now be returned to leasing company Angel Trains. Kiepe Electric had been awarded a £45m contract to undertaken an extensive ...

  • GB Railfreight has selected leasing company Porterbrook to finance an order for 100 Greenbrier 60 ft intermodal twin wagons, following an ‘extended commercial exercise’.
    Rail Business UK

    GB Railfreight orders Greenbrier wagons

    2021-03-24T05:00:00Z

    UK: GB Railfreight has selected leasing company Porterbrook to finance an order for 100 Greenbrier 60 ft intermodal twin wagons, following an ‘extended commercial exercise’. The contract will initially operate as a 10-year dry lease. The first batch of wagons are scheduled to be completed in ...

  • Rolling stock leasing and management company Porterbrook has announced a restructuring.
    Rail Business UK

    Porterbrook announces restructuring

    2021-03-12T05:00:00Z

    UK: Rolling stock leasing and management company Porterbrook has announced a restructuring. With effect from April 1, Head of Structured Finance Stefan Rose will take up the new position of Chief Investment Officer, leading a dedicated team focusing on new and re-leasing passenger, freight and infrastructure ...

  • Long Marston rail facility
    Rail Business UK

    Porterbrook appoints Head of Site at Long Marston railway technology centre

    2021-02-18T12:33:00Z

    UK: Porterbrook has appointed Mark Knowles as Head of Site for the Long Marston rail facility, which the rolling stock leasing and management company is scheduled to take over at the end of June under a 15-year lease with owner St Modwen. ...

  • gb West Midlands Railway Class 172
    Rail Business UK

    Leasing company takes on DMU heavy maintenance

    2020-11-11T05:00:00Z

    UK: Responsibility for heavy maintenance, future maintenance optimisation and the enhancement of West Midlands Trains’ Bombardier Transportation Class 172 diesel multiple-units has been transferred from the operator to Porterbrook. The leasing company said this ‘new, more collaborative’ way of working would build on the quality and performance ...

  • gb GTR Project Aurora - forward-facing CCTV
    Rail Business UK

    GTR launches £55m Electrostar refurbishment

    2020-09-16T11:44:00Z

    UK: Govia Thameslink Railway and leasing company Porterbrook have begun a £55m five-year programme to modernise 214 Bombardier Transportation Class 377 Electrostar electric multiple-units operated on Southern services, and 56 similar Class 387 units used on Gatwick Express and Great Northern services. The ...

  • gb GWR Class 769 Reading
    Rail Business UK

    Great Western Railway takes delivery of trimode electro-diesel multiple-unit

    2020-08-31T05:00:00Z

    UK: Great Western Railway has taken delivery of the first of 19 Class 769 Flex multiple-units equipped to operate using 750 V DC third rail, 25 kV 50 Hz overhead or diesel power. The Class 769 has been developed from Class 319 dual-system EMUs formerly used on ...